The Competition Appellate Tribunal (Compat) accepted Dalmia Cements-' application for withdrawal of its appeal to challenge the proposed merger of Lafarge and Holcim in India. The Competition Commission of India (CCI), in response, implored Compat to impose costs on Dalmia for its wasted time. Compat refrained from levying costs, but waved a green flag for the Larfarge-Holcim merger to proceed.
Contact: Dalmia Bharat Cement.
Tel: 011-2331 0121.
Fax: 011-2331 3303.
Emergence of Integrated MEP business are basically encouraging small contractors as because in most of the cases the major equipments are bought by the developers (employer/client) and being given to the MEP contractors to erect or install. This type of projects are not suitable for large contractors as only erection sort of a job is left to be done which doesnt attract more much desired profits compared to the manpower investment. Also, from client/employer's point of view if they buy the major equipments themselves by taking engineering/technical help from consultants it will save them atleast 10 to 15% of value on each equiipments which the contractor might have costed for that particular project. Due to this reason MEP business is a big failure in eastern part of the country. But yes, Indian HVAC industry has a great future ahead.